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Business: Key words

T1

QuestionAnswer
Unlimited Liability Responsibility for the debts of the business rests with the owners
Deed Of Partnership A document setting out the operations of the partnership
Limited Liability Responsibility for the business is limited to the amount invested
Dividend Money paid to shareholders from business profits
Capital Money raised to start or develop a business
Sleeping Partner Someone who only invests in a partnership
Shareholders Owners of a limited company
Created by: lil.dripz
Popular Business sets

 

 



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